The Money Supply Has Plummeted in the Biggest Drop Since the Great Depression
With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression.
With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression.
Monetarists believe there is an optimum growth rate of money. However, a fiat money system itself is unstable, so there is no optimum growth rate.
Last week NATO announced that it will open its first-ever Asia office in Japan. What next, NATO membership for Taiwan?
In 1948, Ludwig Erhardt rescued a German economy that was in shambles simply by invoking free markets and currency reform. Our economy needs its Rothbard moment.
A new bill being sold as an "immigration control" measure is really a vast expansion of the federal regulatory and surveillance state known as "E-Verify." The potential for abuse is enormous.
Tucker Carlson has rankled the ruling elites for many years. But was his interview with Robert Kennedy Jr. a bridge too far?
Should political reform be the result of a much-discussed comprehensive plan? Or should it come about through decentralized decision-making that deals with the situations at hand?
People from socially and economically marginized groups in the USA tend to support socialism. Yet socialists have a long and bloody history of suppressing these very groups.
While Japan made some technological transfers to these places, prosperity came to them later, with the advent of free-market economies.
By any conventional measures of finance, the Federal Reserve has negative equity. In the long run, cooking the books only puts off the day of reckoning.